City cites uncertainty as merger-related review continues; state offer still on the table

New York City is shelving a $9.6 million incentive package offered to Aetna Inc. while the insurer reassesses whether to move its headquarters to the city.

The company said in June it would move its headquarters and 250 jobs from Hartford, Conn. to New York City. Those plans, however, were put on hold following CVS Health Corp.’s December announcement that it would buy Aetna for $69 billion. Aetna said at the time the merger was announced that all of its locations will be evaluated as part of its integration with CVS.